The Economics of Happiness: Crash Course Econ #35

They say money can’t buy happiness, but who are they? Can money buy happiness? The answer is: sort of. While money may not be able to buy true happiness, lack of money can cause very real misery. Today, we look at the economics of happiness, and talk about how much money it takes to be happy. And where you should live to maximize your income-to-happiness ratio.

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